Donald Trump was supposed to have to post a $464 million bond by Monday or else the state of New York could begin collecting on the massive civil fraud judgment leveled against him earlier this year. An appeals court bailed him out, blocking collection of the judgment and giving the former president 10 days to post a drastically reduced $175 million bond.
The order is a huge win for Trump, whose assets were going to be subject to seizure if he couldn’t post nearly half-a-billion dollars by Monday. His lawyers said last week he wasn’t going to be able to come up with the money after 30 underwriters rejected him. The New York Times has reported that Trump is expected to be able to scrounge the new, reduced $175 million bond
That’s bullshit. Just more laws that don’t apply to this traitor.
Trump undervalued his properties to the IRS and overvalued them to investors. And now the courts are allowing him to undervalue them so he doesn’t have to face the consequences of his fraud.
We really need a law that says when you tell the IRS what your property is worth they are allowed to buy it at that price; if they later find out you represented it at a higher value to others.
I remember, many years ago before the first time he ran, I read he and his buddy lawyer giuliany were neck deep in shit and Stormy also had a solid case. I was like “that’s it. now he goes to jail.” but lo and behold, here we are and he’s free and running again.
Maybe it’s true what people say: Flying is like falling and missing the ground. (I think it’s based on something Douglas Adams wrote.)
Was that when he was referenced something like “Co-Conspirator #1 who went on to lead a successful campaign to become president of the United States”?
I remember that too and thinking “oh shit, he’s fucked now!” But nope. Our political system is so broken that he really is above the law and consequences. Not sure why we went through with the whole American Revolution thing just to end up in a place where there are figurative kings held to a different standard than the rest of us peasants.
Eh. This was a pretty political trial. “Over valued his holdings” oh probably a little, but value of real estate isn’t fixed. The bank reps would have to be completely incompetent or maybe they agreed with the valuations.
Bullshit indeed, but there is not one thing you or I or anyone in this country can do about it. Trump has us all over a barrel, and we’re all his puppets, and there is no way forward but to accept his will no matter what else happens. We must start to see him not as a traitor, but as a savior, for who else but a savior could escape so many serious charges.
There’s plenty we can do about it. For instance, my wife and I just put an offer on a house in Europe and will be leaving ASAP.
Hopefully you vote on your way out.
Well I’m no longer going to be leaving the US, though that was my first plan. Instead I’d gladly stay and watch it burn to the ground around me when trump gets re-elected (and note, it’s not even in doubt anymore - he WILL get re-elected).
There’s a hundred percent chance I will eventually die and a high chance if I don’t pay my taxes I will pay fines or go to jail.
There’s maybe a 40% chance Trump will get in again even if you keep trying to discourage people to vote against him.
According to polls published in USA TODAY and on NBC Nightly News, there’s a 75% chance Trump actually will be re-elected. People hate him, but see him as the only one who can pull us out of rising inflation.
Come on over!
Thanks! Hope to be there by the end of the year if everything works out! Heading home after spending a week looking at houses.
What countries have you been looking to move to?
We’ve checked out a lot of countries, but we have settled on Spain.
So what you’re “doing about it” is giving up and going away.
And people wonder why Republicans keep winning.
Yep. I’m almost 50 and have tried my best to help those around me see a better way. I’ve always voted. I did my part, but half the country still wants this shit. So, my wife and I are retiring early, peacing out, and letting ya’ll figure it out for yourselves. Good luck!
Yeah this is the way.
Often in life when you’re faced with an untenable situation the only appropriate course of action is to withdraw.
Sadly not an option available to most people.
It is an option that requires more work and sacrifice than most people are willing to endure. We prioritized saving over consumerism, fixing things over buying new, not having kids, etc. I grew up poor, had no help from my parents (or anyone), and was able to make it. However, a lot has changed since I started to make it even more difficult for people.
Do people really not appreciate simple trolling around here anymore? Everyone’s acting like they think this is serious, and that’s the most disturbing part.
It’s just what many people actually believe so not funny at all
Dianne T. Renwick, Anil C. Singh, Lizbeth González, Bahaati E. Pitt-Burke, and Kelly O’Neill Levy
What was their actual individual motivation?
If they started auctioning off and selling his properties to make money, it would turn over a lot of really dark stones full of other people’s criminal activities.
He’s being protected by the club he’s in, not because they like him but because they would be in trouble if they didn’t.
That’s the basis of the system, mutually assurred corruption.
That’s why Epstein Epsteined himself
More over, the precedent set here is beneficial to other wealthy individuals.
Other wealthy individuals, even those who sit on the complete opposite side of Trump politically benefit from the appeals court’s judgement. It really is just corruption all over.
https://www.youtube.com/watch?v=QkoKLXcZbu0
This is a great story by a great Canadian wanted to fight the corruption. He was supposed by it ultimately.
But you can see a lot of parallels today.
Banks, mega corporations, (fake) rich people get bailed out — Republicans: Nothing.
Working-class doing public service get minor bailout with student loan forgiveness — Republicans: WHOA, NOW…
